Another Mortgage Bailout Looms

Democrats need voters to show up in November. All indications are that an electoral knifing is in the works. So what’s Obama, the leader of the Democrat Party, going to do to try to help them? Well, research and development tax credits are on the way, but I’m sure there will be plenty of “green” strings attached to them — this crew is too into social control to just let tax credits be tax credits.

There’s the rub. Why didn’t I buy a $700,000 home with five bathrooms, ten acres, and a gate with my initials in gold letters on it with my teacher’s salary? Because I can’t afford it. Looking at it from another angle, you are going to end up paying for your stupid neighbor’s mortgage because he’s in over your head, even though you played it smart and bought a home you could afford without the snazzy lettered gate.

Rewarding bad behavior against market forces for a few more votes in November — it’s got Obama Nation written all over it. Anyone who bought a home responsibly during the past decade should really be pissed off if this new bailout manifests.